Colorado Statutes

§ 29-1-802 — Definitions

Colorado·Title 29 Government·Art. Budget and Services

As used in this part 8, unless the context otherwise requires:

(1)Capital expenditure means any expenditure for an improvement, facility, or piece of equipment necessitated by land development which is directly related to a local government service, has an estimated useful life of five years or longer, and is required by charter or general policy of a local government pursuant to resolution or ordinance.
(2)Land development means any of the following:
(a)The subdivision of land;
(b)Construction, reconstruction, redevelopment, or conversion of use of land or any structural alteration, relocation, or enlargement which results in an increase in the number of service units required; or
(c)An extension of use or a new use of land which results in an increase in the number of s

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Legislative History

Source: L. 90: Entire part added, p. 1438, � 1, effective January 1, 1991.

Nearby Sections

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